Jul 21, 2011 1:00am EDT
side's rhetoric squares very well with reality. let's get some perspective now from jon corzine, former democratic governor of new jersey, before that a u.s. senator and ceo of goldman sachs. currently he runs an investment firm mf global holdings limited. also carli fiorina, advisor to republican senatorial committee. also former senior campaign adviser to john mccain and before that ceo of hewlett-packard. let me start with you carly. you heard those sound bites. it seems like ending the corporate jet tax hike would be uncontroversial, but it seems like some of your fellow republicans are drawing a hard line on any revenue-raising proposals whatsoever. do you believe we can make a dent without doing that? >> i think first of all with regard to the rhetoric of millionaires and billionaires, the problem is when you look at the fine print what democrats are really talking about is raising taxes on a family that makes $250,000. and if you're a nurse and a fireman raising two kids, you don't feel very wealthy right now. so i think that's the problem. the rhetoric doesn't match the reality.
Jul 20, 2011 10:00pm EDT
there are going to be folks on both sides. the question is, can you get enough votes? and i think jon is absolutely right. it's critically important that we raise the debt ceiling. i think, however, the president of the united states is not a freshman house republican. >> right. >> and as i said, this deal has been on the table for a long time. this problem has been on the table for a long time. i think we need the president of the united states, the leader of the free world, to step forward and lead here. and i think there will be enough bipartisan support to get a deal done. >> has he not been leading on this? i mean, with regards to his most recent conversations? >> you know, disappointingly president obama put forward a budget in february. this was his opportunity to lead, in my opinion that. budget was voted down 97-0. it tackled entitlement reform not a bit. he gave a wonderful speech in april which the congressional budget office said it couldn't score because there weren't enough specifics. the truth is, the president himself has never put a deal on the table. he's asked other
Jul 19, 2011 6:00am EDT
. in 30 minutes, rupert murdoch and his jon james and rebekah brooks will face questioning from another parliamentary committee. cnn will have this coverage all morning. >> rupert murdoch on the hot seat as he answers questions about what he knew about this growing phone hacking scandal. we want to get a chance to have your thoughts on the air as well about th. our question othe day. we wanted to ask you what you think did know and here are some of your responses this morning. >> bill says on our blog i believe he did know. he was a mentor t